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Leasehold/Mortgage Properties Insurance Services

West Northamptonshire Council

This public procurement record has 2 releases in its history.

Award

08 Jul 2022 at 11:35

Award Notice
Tender

09 Dec 2021 at 11:43

Tender Notice
Summary of the contracting process

The West Northamptonshire Council is undertaking a public procurement process titled "Leasehold/Mortgage Properties Insurance Services" within the insurance services industry category. The tender is currently in the active stage, having been initiated under the open procurement method. The procurement documentation outlines that the tender period concluded on 14 January 2022, which followed the bid opening on the same date. The awarded contract, currently valued at £713,730, was signed on 1 April 2022, and the successful supplier is Aspen Insurance UK Limited, responsible for providing the insurance services required.

This tender presents significant opportunities for businesses in the insurance sector, particularly those specialising in leasehold and mortgage property insurance. With the possibility of contract extensions, companies that can demonstrate a strong capability in delivering quality insurance services and value-based pricing will find themselves well-positioned to compete. The procurement process is conducive for established firms with proven experience in the insurance domain, or emerging providers looking to establish a foothold in this niche market.

How relevant is this notice?

Notice Information

Notice Title

Leasehold/Mortgage Properties Insurance Services

Notice Description

West Northamptonshire Council wishes to invite tenders for the supply of services in respect of the authorities Leasehold/ Mortgage Properties Insurance Services as detailed within this tender documentation. The successful Potential Provider(s) will be responsible for providing this service and liaising closely with the Contract Manager identified by each Authority.

Lot Information

Lot 1

West Northamptonshire Council wishes to invite tenders for the supply of services in respect of the authorities Leasehold/ Mortgage Properties Insurance Services as detailed within this tender documentation. The successful Potential Provider(s) will be responsible for providing this service and liaising closely with the Contract Manager identified by each Authority.

Options: Two 12 months extensions available with total of 24 months.

Renewal: Two 12 months extensions (total of 24 months)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02ff2c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/018733-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£713,730 £500K-£1M

Notice Dates

Publication Date
8 Jul 20224 years ago
Submission Deadline
14 Jan 2022Expired
Future Notice Date
Not specified
Award Date
1 Apr 20224 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
West Northamptonshire Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NORTHAMPTON
Postcode
NN1 1ED
Postcode Area
Northampton
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF24 West Northamptonshire
Delivery Location
TLF24 West Northamptonshire
Local Authority
West Northamptonshire
Electoral Ward
Castle
Westminster Constituency
Northampton North

Supplier Information

Number of Suppliers
1
Supplier Name

Aspen Insurance UK Limited

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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